It finds the “common thread” to the origin of defects was a lack of understanding of the complexities of constructing the buildings that ran through construction professionals, developers, insurers, financiers and lenders, with limited regulatory oversight at local authority level.
Owners, the report finds, are left with a dearth of legal options – despite the statutory position being “clear” that primary responsibility for making sure works are compliant “rests with the owners, designers and builders of buildings”. Between 40 and 70 per cent of properties with defects may have fire safety failings, the report finds, with water ingress impacting between 20 and 50 per cent and structural safety defects in between 5 and 25 per cent.Sinking funds set up to maintain properties are “often stretched” and are “not a permissible or a likely source of funding for addressing defects”, it says.
It finds that the majority of properties are out of their period of insurance cover and would be unlikely to be covered in any event.
Why should the tax pay pay then. Building industry, block suppliers, house insurance companies should all chip in with the costs.
Awe didums, can't blame the politicians friends which was stated in a report created by the politicians friends...lol
No accountability, no responsibility.
Of course not, protect the FFG party donors.